Australia repeals the carbon tax blob. For good?

Patrick L Young is CEO of niche crowdfunding platform HanzaTrade and an advisor to fund managers throughout the world. Born in Ireland, he is an active investor in the “New Europe” amongst other emerging markets and is an active Co Founder of grassroots startup group "Mission ToRun."
Home Page: http://patricklyoung.net Twitter: @FrontierFinance

A protester holds a placard during a no carbon tax rally in Sydney. (AFP Photo / Greg Wood) / AFP

​A wondrous event has shaken the firmament of reaction and misery so beloved of the delusional souls who believe in mysticism, dodgy data and indeed, the massive modern myth of global warming.

In removing the hated, inefficient carbon tax, the Australian
government has struck a blow against big government and the
corporatist socialist blob of subsidized business and the extreme
left recycling taxpayers’ money into inefficient schemes based on
unproven science.

A bottom up movement from the southern hemisphere has shaken the
dismal consensus driven through the curious “chumocracy”
of peer review. Indeed the whole seriously dodgy crypto-religious
revival movement of modern phobia has been shaken. Yes, indeed,
dear reader, those wise owls in Australia, folks who understand
the value of building an economy, as opposed to destroying it
with subsidy, have just repealed their national carbon tax.

The big green blob does not like this. Not one little bit. Then
again when you look at the sort of people who support the big
green blob, it is a bizarre coalition of the sort of folks who
usually send the trolling classes into delirium of hatred and
negativity.

The failing EU is loudly abusing Australia for its wise foresight
in not destroying the antipodean economy through a largely
symbolic ill-designed tax which hit the poorest households as
opposed to actually doing anything to change the state of the
climate. As a side note, remember, the evidence suggests, the
economy is not warming anyway. Radical greenies stuck waiting for
polar icebreakers last year made a much more eloquent point about
the non-crisis of global warming than all their rather
ill-conceived hockey sticks and dire eco-snuff videos created by
failed politicians turned subsidy hogging eco-venture
capitalists.

Nevertheless, looking south and waving their inaccurate hockey
stick diagrams in the air, a wave of trenchant lefties appear
incandescent with rage. This is odd. While the dear old
tree-huggers hope to send our economy back to an era of wax
candle lighting where we hand knit our socks from recycled reeds,
the truth is they are the warriors in the vanguard of enriching a
nauseous blob of subsidy sucking big corporations who have
abandoned capitalism for a free ride at the expense of other
people’s money.

Therefore, Tony Abbott, a man who stands almost alone in the West
as a national leader is capable of making a decision (read that
and weep, EU pygmies) in the best interest of his citizens’
wallets and wellbeing. This marks a cool contrast to, say,
Germany’s incredible EU-approved green program where they recycle 22 billion
euro of annual subsidies into barely 2 billion euro of usable
energy. Net Result: Every German resident loses $300 annually in
eco-suicide. Australian expert Joanne Nova reckons every
Australian spent $350 in the first year of the hated Ozzie carbon
tax.

Like all ill-conceived politically skewed legislation, the
original carbon tax left a burden of payment on all citizens but
precluded many corporations from paying. This bizarre skew was
most evident in heartlands of Labor Party support where brown
coal plants were given carbon subsidies... so as not to upset the
then government’s vote. Facing a Liberal opposition who were
determined to support the people and remove the subsidy to the
big green blob, the Labor Party was swept from power by citizens
opposed to subsidy sucking incompetence.

So Tony Abbott is a rare politician: not only does he actually
stick to his campaign pledges, he also believes taking money from
his citizens to subsidy a miasma of corporations, NGOs and
anti-capitalists endorsing inefficient wind turbines and solar
power plants is actually a bad thing and acts on it! Ultimately
the carbon tax was a $9 billion brake on the Australian economy
penalizing its own citizens without equivalent penalties being
applied to other economies.
Australia thus joins Canada in the vanguard of the movement for
climate common sense. Canada withdrew from the Kyoto protocol
strictures in 2011 and Australia has now downgraded a dismal
attempt at political grandstanding to raise revenue for that
bankrupt Western government spendthrift model.

Momentum amongst the bizarre modern day cult of global warming is
slipping. The green blob of the extreme left who so hate freedom
they are in an unholy alliance with a blob of big government, big
NGOs and big business eating subsidies from the workers’ taxes.
However, the blob’s inability to separate fact from a computer
synthesized data set in their erroneous models will eventually
testify to the old fashioned superstition of many who seem to
have missed out the cool rational ability to dissect data in the
digital age.

Meanwhile a UN sponsored climate conference in Venezuela has just
voted to repeal capitalism - in a land where the toilet paper has
to be recycled due to the inefficiency of the state, this is
almost as laughable as global warming hysteria.

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of RT.